Articles and Updates

UNION BUDGET 2022
  • Abhishek Saxena and Jatin Arora - 10-02-2022

Summary of key tax proposals announced in the Union Budget 2022.

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INDIA PUBLIC PROCUREMENT
  • Manjula Chawla, Vasanth Rajasekaran, Kripi Kathuria and Chandni Chawla - 10-02-2022

There is no comprehensive or any specific legislation that governs public procurement contracts in India. The legislative framework on public procurement (which mostly takes place through a tender process for large procurements) is presently based on guidelines contained in rules, procedures and manuals formulated by the Government, which apply to government departments and public sector undertakings (PSUs).

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Amazon-Future Dispute: Supreme Court Sets Aside Delhi High Court's Coercive Orders Against Future Group Companies And Remands Matter For Fresh Consideration
  • Vasanth Rajasekaran and Harshvardhan Korada - 08-02-2022

The Hon'ble Supreme Court in a recent decision in Future Coupons Pvt. Ltd. v. Amazon.com NV Investment Holdings LLC1 has set aside the Delhi High Court orders which issued punitive directions against Future group companies for alleged violation of the emergency arbitrator's award. The Apex Court also set aside the Delhi High Court order which refused to grant an interim stay against the arbitral order refusing to vacate emergency arbitrator's interim award that restrained Future group's deal with Reliance. In this article, we briefly navigate through the facts and findings of the aforesaid matter.

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The ‘revolving’ jurisprudence on anti-arbitral injunctions in India
  • Vasanth Rajasekaran and Harshvardhan Korada - 06-02-2022

In an article published on the BusinessLine today, our Partner Vasanth Rajasekaran and Associate Harshvardhan Korada examine the judicial trends on granting anti-arbitral injunctions in India. The latest case in headlines is the Amazon-Future dispute where the division bench of the Delhi High Court on January 5, 2022, granted an interim stay order on the arbitral proceedings.

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Budget 2022: Bringing India On The Gatishakti Grid – The Need Of The Hour?
  • Vasanth Rajasekaran , Saurabh Babulkar and Harshvardhan Korada - 02-02-2022

The onset of COVID-19 pandemic had brought global economic activities to a sudden halt. India was no exception to this phenomenon. After facing the brunt of the pandemic for almost two years, the country is slowly treading towards normalcy. The need for having a post-pandemic economic revival plan is key and it appears that India has one.

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